'We’re in the shakeout stage': The psychedelics boom in healthcare has lost its buzz as some companies struggle to make payroll

Psychedelics companies aren’t living up to the hype, and are starting to consolidate as a flood of money into companies seeking to win regulatory approval of drugs like LSD, psilocybin and ayahuasca dries up. The psychedelics renaissance fueled by Michael Pollan’s 2018 book How to Change Your Mind…

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